Sunday January 4, 02:03 AM

Source: Indian Express Finance

Nfo Watch

JP Morgan India Tax Advantage Fund (G) Issue open: December 18, 2008 Issue close: January 16, 2009 Scheme objective: JP Morgan India Tax Advantage Fund, is an open-ended equity linked savings scheme. The investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. Mutual Fund family: JPMorgan Asset Management India Pvt. Ltd. Fund class: Equity tax saving Fund type: Open-ended Investment plan: Growth Fund manager: Harshad Patwardhan/Amit Gadgil/Nandkumar Surti/Namdev Chogule Entry load: 2.25 % Exit load: 0.00 % Comment: Entry load: 2.25% for investment less than Rs 5 crore Bharti AXA Tax Adv Fund - Retail Plan (G) Issue open: December 12, 2008 Issue close: Feburary 12, 2009 Scheme objective: Bharti AXA Tax Advantage Fund, is an open-ended equity linked savings scheme. The investment objective of the scheme is to seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. Mutual Fund family: Bharti AXA Investment Managers Pvt. Ltd. Fund class: Equity tax saving Fund type: Open-ended Investment plan: Growth Fund manager: Prateek Agrawal Entry load: 2.50 % Exit load: 0.00 % Comment: Entry load: 2.25% for investments of less than Rs 2 cr Tata Infrastructure Tax Saving Fund (G) Issue open: December 17, 2008 Issue close: March 16, 2009 Scheme objective: Tata Infrastructure Tax Saving Fund, is a 10 years close ended equity linked saving scheme with a compulsory lock-in period of three years. The investment objective of the scheme is to seek to provide medium to long term capital gain by investing predominantly in equity / equity related instruments of the companies in infrastructure and infrastructure related sectors along with the income tax benefit to its unitholders. Mutual Fund family: Tata Asset Management Limited Fund class: Equity tax saving Fund type: Close-ended Investment plan: Growth Fund manager: M. Venugopal and Mahendra Jajoo Entry load: 2.25% Exit load: 0.00% Comment: Entry load of 2.25% for investments less than Rs 2 crores. This is only for information and in no way amounts to any recommendation